Try Quests to earn AXLAxelar - 7. Post-op Interop
Axelar is a blockchain technology platform that enables secure cross-chain communication for Web3. It is built on a proof-of-stake consensus mechanism, which is a secure and tested approach used by popular blockchains such as Ethereum, Cosmos, and Avalanche. The platform provides cross-chain functionality, allowing developers to build applications that can interact with any asset or application on any blockchain with just one click. This functionality is essential for the interoperability of blockchains and can help to unlock new use cases and applications. Axelar's basic functionality includes two cross-chain functions: token transfers and general message passing. Token transfers allow for the secure sending and receiving of fungible tokens between any blockchains, including complex transfers such as those between Cosmos and Ethereum Virtual Machine (EVM) blockchains. General message passing allows for the calling of any function on any EVM blockchain from within a dApp, which can be used to compose DeFi functions, move non-fungible tokens (NFTs) cross-chain, or perform other cross-chain calls that securely sync state between dApps on different ecosystems. Overall, Axelar provides a secure and efficient way for developers to build cross-chain applications and integrate different blockchains into their projects, potentially unlocking new use cases and value for users.